Energy Aid Volatility and Sustainable Development: Challenges to Achieving Clean Energy in Andean Countries, 2002–2022
(2024) EKHS22 20241Department of Economic History
- Abstract
- Aid volatility is one of the main topics in the discussion of aid effectiveness in developing countries. The energy sector is relevant for the achievement of sustainable development because this sector holds strong linkages to diverse SDGs. Unlike previous studies that claim the energy sector exhibits higher aid volatility in developing countries compared to developed countries. This thesis aims to analyze energy aid volatility across sub-sectors in countries with high dependence on natural resources. The research examines energy aid volatility, energy sub-sectors volatility trends, and the volatility effect on SDG-7 between 2002 and 2022. Volatility is measured based on previous studies that use the squared residuals obtained from a... (More)
- Aid volatility is one of the main topics in the discussion of aid effectiveness in developing countries. The energy sector is relevant for the achievement of sustainable development because this sector holds strong linkages to diverse SDGs. Unlike previous studies that claim the energy sector exhibits higher aid volatility in developing countries compared to developed countries. This thesis aims to analyze energy aid volatility across sub-sectors in countries with high dependence on natural resources. The research examines energy aid volatility, energy sub-sectors volatility trends, and the volatility effect on SDG-7 between 2002 and 2022. Volatility is measured based on previous studies that use the squared residuals obtained from a regression of aid on trend and trend square for each country and energy sub-sector. Findings reveal that total energy aid volatility has increased since the signing of the Paris Agreement in 2016. Moreover, the thesis demonstrates that renewable aid volatility increased while non-renewable aid volatility decreased over time. It implies that donors shift disbursements across energy sub-sectors toward new and clean energy sources. Nevertheless, the thesis fails to demonstrate a significant effect of energy aid volatility on SDG-7 scores. Thus, we conclude that aid increase in the renewable sub-sector is insufficient to promote clean and affordable energy in the region. Therefore, future studies should focus on the renewable aid sub-sector to identify which type of projects promote the achievement of SDG-7. (Less)
- Popular Abstract
- Aid volatility is one of the main topics in the discussion of aid effectiveness in developing countries. The energy sector is relevant for the achievement of sustainable development because this sector holds strong linkages to diverse SDGs. Unlike previous studies that claim the energy sector exhibits higher aid volatility in developing countries compared to developed countries. This thesis aims to analyze energy aid volatility across sub-sectors in countries with high dependence on natural resources. The research examines energy aid volatility, energy sub-sectors volatility trends, and the volatility effect on SDG-7 between 2002 and 2022. Volatility is measured based on previous studies that use the squared residuals obtained from a... (More)
- Aid volatility is one of the main topics in the discussion of aid effectiveness in developing countries. The energy sector is relevant for the achievement of sustainable development because this sector holds strong linkages to diverse SDGs. Unlike previous studies that claim the energy sector exhibits higher aid volatility in developing countries compared to developed countries. This thesis aims to analyze energy aid volatility across sub-sectors in countries with high dependence on natural resources. The research examines energy aid volatility, energy sub-sectors volatility trends, and the volatility effect on SDG-7 between 2002 and 2022. Volatility is measured based on previous studies that use the squared residuals obtained from a regression of aid on trend and trend square for each country and energy sub-sector. Findings reveal that total energy aid volatility has increased since the signing of the Paris Agreement in 2016. Moreover, the thesis demonstrates that renewable aid volatility increased while non-renewable aid volatility decreased over time. It implies that donors shift disbursements across energy sub-sectors toward new and clean energy sources. Nevertheless, the thesis fails to demonstrate a significant effect of energy aid volatility on SDG-7 scores. Thus, we conclude that aid increase in the renewable sub-sector is insufficient to promote clean and affordable energy in the region. Therefore, future studies should focus on the renewable aid sub-sector to identify which type of projects promote the achievement of SDG-7. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9165248
- author
- Otero Lastra, Gabriela Isabel LU
- supervisor
-
- Erik Green LU
- organization
- course
- EKHS22 20241
- year
- 2024
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- SDG-7, aid volatility, energy sector aid, developing countries, aid effectiveness, clean energy, Andean countries.
- language
- English
- id
- 9165248
- date added to LUP
- 2025-02-03 09:17:43
- date last changed
- 2025-02-03 09:17:43
@misc{9165248,
abstract = {{Aid volatility is one of the main topics in the discussion of aid effectiveness in developing countries. The energy sector is relevant for the achievement of sustainable development because this sector holds strong linkages to diverse SDGs. Unlike previous studies that claim the energy sector exhibits higher aid volatility in developing countries compared to developed countries. This thesis aims to analyze energy aid volatility across sub-sectors in countries with high dependence on natural resources. The research examines energy aid volatility, energy sub-sectors volatility trends, and the volatility effect on SDG-7 between 2002 and 2022. Volatility is measured based on previous studies that use the squared residuals obtained from a regression of aid on trend and trend square for each country and energy sub-sector. Findings reveal that total energy aid volatility has increased since the signing of the Paris Agreement in 2016. Moreover, the thesis demonstrates that renewable aid volatility increased while non-renewable aid volatility decreased over time. It implies that donors shift disbursements across energy sub-sectors toward new and clean energy sources. Nevertheless, the thesis fails to demonstrate a significant effect of energy aid volatility on SDG-7 scores. Thus, we conclude that aid increase in the renewable sub-sector is insufficient to promote clean and affordable energy in the region. Therefore, future studies should focus on the renewable aid sub-sector to identify which type of projects promote the achievement of SDG-7.}},
author = {{Otero Lastra, Gabriela Isabel}},
language = {{eng}},
note = {{Student Paper}},
title = {{Energy Aid Volatility and Sustainable Development: Challenges to Achieving Clean Energy in Andean Countries, 2002–2022}},
year = {{2024}},
}